(PRWEB) August 06, 2012
PaydayNow.com announces the introduction of a new online educational article called “About Us” to help educate consumers. The article addresses many of the concerns and questions potential borrowers might have regarding the process of applying for a payday loan online. In addition to this, the piece explains the ease and convenience of applying for a loan through PaydayNow.com, the speed with which the company evaluates and approves applications, and numerous other benefits of using it to get urgently needed financial assistance.
“Getting your loan online by utilizing PaydayNow.com offers many advantages,” says company spokesperson Jennifer Coleman. “With our service, there’s no need for applicants to drive from place to place trying to find the best deal, because they can see a list of many offers all at once through our website. They can compare interest rates, financing fees, repayment policies and more. Since they’ll have several offers in front of them, they can then choose which lender they think offers the best loan.”
A payday advance is the preferred option for people who need to cover emergency expenses but cannot deal with the long waits associated with bank loans. Because they can be taken for amounts as small as $100, Payday loans are also an ideal solution for people who just need some help to make it through to their next paycheck and don’t want to be tied to long-term loans or debts.
Loans taken through PaydayNow.com are always secured. The site is encrypted, so any applicant information entered there is safely stored. Once the information has been submitted, the application is evaluated within minutes. Consumers who have been approved for a loan can then peruse a number of offers presented by third-party lenders. PaydayNow.com does not loan money directly but instead connects preapproved lenders with consumers. Because the lenders have been prescreened, people can rest assured that they will receive fair offers with reasonable rates. Consumers can request loans of up to $1,500 as long as they can show that they have monthly earnings of at least $1,000 after taxes.
Individuals pursuing a payday loan do not have to jump through hoops to get fast cash. There is no need for them to present a credit score or any sort of collateral in order to get accepted for a loan, nor is there a need for them to fax in any personal documents. Loans are processed completely online based on just a small amount of information provided by applicants, such as name and phone number, bank information and proof of income. For maximum convenience, approved loan funds are directly deposited into a customer’s bank account, and this always happens within one business day at most.